Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
California DMV Proposes New Safety Rules for Autonomous Vehicles After Waymo Incidents 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
A major Brazilian oil workers’ strike is set to continue after Sindipetro-NF, one of the largest unions representing employees of state-run oil company Petrobras, rejected the company’s latest proposal to end the labor action. The strike, which has already lasted 12 days, highlights ongoing tensions between Petrobras and its workforce over pension-related disputes and labor conditions.
Sindipetro-NF represents around 25,000 oil industry workers, including a significant number employed on Petrobras’ offshore oil platforms in the Campos Basin. The Campos Basin is Brazil’s second-largest oil-producing region, making the union’s stance particularly important for the country’s energy sector. In a statement released on Friday, Sindipetro-NF confirmed it had voted against the proposal presented by Petrobras, despite other unions showing willingness to end the strike.
Petrobras stated that the strike has not yet affected oil and gas production. According to the company, contingency crews have been deployed to maintain operations and ensure output remains stable. This has allowed Petrobras to continue meeting production targets even as labor unrest persists across parts of its operations.
Sindipetro-NF is the largest union affiliated with FUP, the main umbrella organization representing oil workers in Brazil. Although FUP’s board approved Petrobras’ proposal, the final decision required approval from individual unions and their members. While all other 13 unions under FUP voted to accept the deal and end the strike, Sindipetro-NF’s rejection means protests will continue at some Petrobras facilities.
Not all unions representing Petrobras workers are part of FUP. Another umbrella organization, FNP, has also taken a firm stance by voting to continue the strike and advising its affiliated unions to do the same. This division among labor groups increases the likelihood of a prolonged dispute.
Sources familiar with the situation told Reuters that the conflict could drag on, as it involves complex issues related to Petrobras’ pension funds and deductions applied to payments made to pensioners. These long-standing concerns have been a key driver behind the strike, raising uncertainty for Petrobras, its workers, and Brazil’s broader oil and energy industry.
